Explore the 1,000’s of tax questions answered by professionals.

I have a trust that receives 100% of its income from a S Corporation. The trust passes through 100% of .... ... read on

Is it possible two life estates to exist on a property. For instance, can two sisters contribute resources in .... ... read on

Our business is wholesale. We sell cell phones. We give free merchandise to our best performing customers as a bonus. .... ... read on

At today's rates, what is the maximum (only principle and interest, NOT taxes and insurance) amount of a mortgage that .... ... read on

What statute covers the "step up basis" granted at death? ... read on

How do you determine if rental income is considered passive or active for tax purposes? ... read on

In Maine, is sales tax assessed on private tutoring lessons? ... read on

What deductions are available to a landlord? ... read on

If I have an installment agreement with the IRS, can I pay off the balance in full during the agreement? ... read on

I am a US citizen, have been living in Germany for over 20 years. I am married to a .... ... read on